Overview of Best GPU/Graphics cards for Mining!
Are you looking for the best graphics card (GPU) for mining? With the increasing popularity of cryptocurrencies, many seek ways to earn something and invest to obtain short or long term benefits. Mining is a way of earning cryptocurrencies while supporting the network and contributing to the notion of decentralization. To start extracting cryptocurrencies, it is important to have the correct information about the available hardware. Most of the current mining is carried out using ASIC units (in the case of Bitcoin) or GPUs (for Ethereum and other altcoins). Here is our list of some of the best GPUs in the market for cryptocurrency mining.
We are in 2020, and wherever you look you will have some mention of Bitcoin or another cryptocurrency. Bitcoin exploded in popularity last year, and although it is losing popularity and its meteoric growth has declined in recent months, there are still many cryptocurrencies that are booming. So, it should not be surprising that everyone wants a part of the action. If you are thinking about entering cryptocurrency mining, it would be prudent to buy one of the best mining graphics cards you can get in the current market.
Because we live in a world where cryptocurrencies play an increasingly relevant role, we have created a list of the best mining graphics cards that can be purchased today, so you can spend less time comparing options, and more time to obtain benefits. And, seeing how the growing popularity of Bitcoin and other cryptocurrencies has led to large price variations in the graphics card market, you do not want to waste too much time buying.
We have classified ten of the best mining graphics cards in the market, taking into account the price and efficiency. And, thanks to our exhaustive search of offers, you can be sure that you will always get the best price.
The idea behind cryptocurrencies such as Bitcoin and Ethereum is that individuals generate and transfer them, without depending on a central authority such as a government or a bank. One of the central attractions of cryptocurrencies is that you can use a standard PC to mine them. Ethereum, as well as a wide range of other cryptocurrencies, uses hashing techniques that make high use of memory, which is the reason why having a GPU with enough graphics memory is a fundamental requirement.
Therefore, when you go out and find the best GPU for mining that you can find, you should think about the amount of memory offered by the GPU, as well as its energy and cost requirements. It is important to consider the value of GPUs since when you start mining Bitcoin or Ethereum, you will not be generating large amounts of cryptocurrencies. Therefore, you should try to mitigate your initial costs as much as possible to maximize your profits and start recovering your initial investment as soon as possible.
Best Mining Graphics Card 2020
The market is flooded with options of GPU but many are designed for gaming and video editing purpose only. Here is the list of best GPU for bitcoin mining.
1. AMD Radeon VII
AMD is one of the top-notch brands which is famous for designing the best and reliable graphic cards for gaming and rendering of video. During the year, 2017, AMD Radeon VII was launched which eventually because of the cryptocurrency mining champ in a short span of time.
The AMD Radeon VII offers the best experience and supports Vega 64’s hash rate which can go up to 90MH per second. This power-packed GPU is called the king of the mining industry and is available for an attractive price of just $700. It is also best GPU for mining
Pros and Cons of AMD Radeon VII
- Super fast and perfect for endless mining
- Powerful 16 GB memory space
- Execution of 1 TB at a fast rate with noiseless functioning
- Consumes a lot of power
- Not a pocket-friendly option
2. NVIDIA GeForce GTX 1070 Ti
The brand Nvidia needs no introduction, the GeForce GTX 1070 Ti is not only an excellent gaming GPU but also is a worthy choice if you want a reliable GPU for mining. This GPU is capable of doing and managing 30 mh per second of a hash rate.
The overall power consumption is also low and is a pocket-friendly choice.NVIDIA GeForce GTX 1070 Ti comes with a powerful memory of 8 GB and the overall power consumption is just 150 watts. This GPU also supports 3 display ports including HDMI and DL DVI. This is also one of the cheapest gpu for mining.
Pros and Cons of NVIDIA GeForce GTX 1070 Ti
- Perfect management of hash rate and power
- Memory is huge
- Suitable for cryptocurrency mining on a long run
- Solid VR and mining capability
- High price as compared to other GPU options
3. AMD Radeon RX Vega 56
If you are not much worries about the hike in the power consumption or live in a place where the power charges are comparatively low, AMD Radeon RX Vega 56 is a worthy choice for mining. It is super fast and can even beat NVIDIA GeForce GRX 1070 when it comes to incredible performance.
Power consumption is the only biggest drawback, but with a discounted electricity bill you can make the most of this GPU for mining. The AMD Radeon RX Vega 56 is overbuilt and power-packed with vital functions that all the miners will cherish. The Vega 56 is also best graphics card for gpu mining.
Pros and Cons of AMD Radeon RX Vega 56
- Superfast with excellent functionality
- Suitable for cold climates
- Perfect choice for mining cryptos.
- Too much power consumption
- Heating is an issue so a water cooler for GPU is required
4. AMD Radeon RX580
The AMD Radeon RX580 is an ideal choice for mining which comes with 1257 Mhz core clock and powerful 8 GB of memory. The memory clock operates at 8 GB per second and is an ideal choice for cryptocurrency. The power consumption is a bit high and it can go up to 185 watts.
The price of AMD Radeon RX580 is perfect for speed and performance. The cooling effect is also incredible. the major disadvantage is the lags inefficiency. AMD Radeon RX580 is also best gpu for mining 2020 btc.
Pros and Cons of AMD Radeon RX580
- Superfast option for mining
- The look and functionality is great
- Cooling effect
- High power consumption
- Lag in performance.
5. Nvidia GeForce GTX 1060
The Nvidia GeForce GTX 1060 is a solid choice for mining and cryptocurrency. All credit goes to the 6 GB memory and powerful core clock. The power consumption is less compared to other leading models of GPU for mining. It is highly affordable and comes with multiple outputs.
The best part about Nvidia GeForce GTX 1060 is you don’t need to compromise on the overall performance. Efficient overclocking is another added benefit. This GPU from Nvidia most efficient and best GPU for mining.
Pros and Cons of Nvidia GeForce GTX 1060
- Excellent performance and suitable for cryptocurrency
- Comes with a sturdy 3-year warranty
- Inclusive of backplate
- Smart overclocking
- Comparative lesser power consumption
- Lack of memory overclocking
- Zero SLI support
- Side of the card is bigger
Before moving into the FAQ section, checkout our editors pick on best graphics card for 1080p 144hz
FAQs on GPUs for mining
- Can you mix GPU for mining?
Yes, one can mix different graphics processing unit (GPU) in a single mining rig. There will be no issues with doing so. But a user may come across the following issues: dynamic hash rate and temperature fluctuations (due to each GPU having different optimum temperatures). But a user should keep the following in mind while mixing different GPU in single mining:
a) Different cards have different qualities of memory.
b) Mixing different generation cards depends on the type of Operating System you are using.
2. Is GPU mining still profitable in 2020?
GPU mining is still a profitable means even in 2020. Mining Ethereum Classic is profitable provided that one knows the mining hardware hash rate, electricity costs, maintenance fees, and how to calculate mining profitability results and mining rewards. One can calculate the mining profitability using a mining calculator.
- How long does it take to mine 1 there?
To be able to mine 1 Ether per day, a miner would need a hash rate of 1845 Mh/s and an average of 210 mg/s per mining rig. What’s more? The mining rig should consist of 7 GPUs and a total of 8 mining rigs to be able to successfully mine 1 Ether.
- What can I mine with GPU?
GPU stands for Graphics Processing Unit. It is responsible for digital rendering on a computer. Initially, CPU was used to mine cryptocurrency. But CPUs have limited processing speed and high power consumption. Whereas, GPUs are much faster and more efficient. Hence they are now used to mine cryptocurrency.
- Which graphics card is best for Bitcoin mining?
Nowadays professional Bitcoin miners do not use graphics cards as they are not as efficient. People have made the switch towards ASIC (Application Specific Integrated Circuit), which are specifically designed for bitcoin mining. But the best GPU for mining would be the NVIDIA GeForce GTX1070. It offers a better hash rate and does not consume much power. But it is expensive. If you are concerned about the budget then go for the AMD Radeon RX580, but it has a slightly greater power consumption. Look for the best amd gpu for mining.